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Northrop wins Space Development Agency's contract to build 14 satellite

Published 07/18/2022, 03:11 PM
Updated 07/18/2022, 03:51 PM
© Reuters. FILE PHOTO: A Northrop Grumman building is shown in El Segundo, California, U.S., February 7, 2019. REUTERS/Mike Blake
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(Reuters) - Defense contractor Northrop Grumman Corp (NYSE:NOC) said on Monday it had won a contract to build and deploy a low-Earth orbit constellation of 14 satellites for the U.S. Space Development Agency.

The satellites are part of the agency's plan to build the Tranche 1 Tracking Layer for detecting, identifying and track hypersonic weapons and other advanced missiles from their earliest stages of launch through interception.

The agency said the Northrop award had a potential value of about $617 million.

© Reuters. FILE PHOTO: A Northrop Grumman building is shown in El Segundo, California, U.S., February 7, 2019. REUTERS/Mike Blake

The space agency also awarded a similar contract to L3Harris Technologies (NYSE:LHX) Inc, with a potential value of about $700 million.

The launch of the satellites is expected to start in April 2025.

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